Betony Way, Stanway, Colchester, CO3
MI

Betony Way, Stanway, Colchester, CO3

By Michaels Property Consultants Ltd

£ 510,000

Reviews

3 out of 5 stars

Michaels Property Consultants Ltd says ..

'The Kingsbury' - The four-bedroom Kingsbury has been designed with growing families in mind. The kitchen/breakfast/family room has French doors opening into the garden, whilst the utility also offers outside access. There is a separate dining room with a bay window, a separate living room, do...

Property Oracle says ..

This four-bedroom, two-bathroom detached house in Stanway, Colchester is a newly built property presented in excellent condition. The interior design is modern and stylish, featuring a well-equipped kitchen, multiple well-proportioned reception rooms, and en-suite facilities. The property benefits from its proximity to Marks Tey train station, providing convenient access to Colchester and beyond. Several well-regarded schools are within a 2.5km radius, making it suitable for families. Whilst the immediate surroundings are a new build development the larger Colchester area offers a wider range of amenities and is within easy reach.

The lack of specific plot size information makes it difficult to ascertain the precise value of the land. The provided photographs show a small garden area that is relatively average in size for new-build properties, but the property’s new build status and the interior finish standards suggest a property of high quality and that the price reflects this. The price seems comparable to similar properties in the area, considering the advantages offered by the location and the property’s modern condition. However, given the average price, there are aspects to consider that the price might not necessarily be extraordinary value.

Overall, the property represents a good, modern, family home in a convenient location that is reasonably priced for the current market, however, it does not represent outstanding value for money.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
7
Land
4
Bedrooms
4
Bathrooms
2
Sqft (est)
825.27

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
343,500.00 £
Decreased by 10.23 %
from 382,656.00 £
Est sale value
248,406.27 £
Increased by 62.70 %
from 152,674.95 £
Average area rental value
1,207.00 £/mo
Decreased by 5.18 %
from 1,273.00 £/mo
Est letting value
825.27 £/mo
from 0.00 £/mo
Est rental Yield
4.22 %
Increased by 5.76 %
from 3.99 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Michaels Property Consultants Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Doucecroft SchoolOther Independent Special SchoolInadequate1.13 KM
Lakelands Primary SchoolFree Schools1.64 KM
Holy Trinity Cofe Primary School, Eight Ash Green And AldhamVoluntary Controlled SchoolGood2.13 KM
Stanway Primary SchoolCommunity SchoolGood2.35 KM
The Stanway SchoolAcademy ConverterGood2.45 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Betony Way £ 418,33300.00 KM
Cranesbill Close £ 000.00 KM
Wombat Street £ 000.00 KM
A12 £ 000.00 KM
Stanway 5 £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Marks Tey6863MKT3.83 KM
Chappel And Wakes Colne7051CWC8.03 KM
Colchester6861COL8.48 KM
Colchester Town6853CET9.62 KM

Nearby Listings

AddressPriceTypeScoreDistance
Betony Way, Stanway, Colchester, CO3 £ 510,000BUY6 / 100.00 KM
Cranesbill Close, Colchester, CO3 £ 499,995BUY7 / 100.01 KM
Betony Way, Stanway, Colchester, CO3 £ 375,000BUY6 / 100.01 KM
Grange Paddocks, Stanway, Colchester, CO3 £ 399,995BUYUnknown0.03 KM
Church Lane, Stanway, Colchester, Essex, CO3 £ 375,000BUY5 / 100.32 KM

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AddressPriceDistance
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Church Bungalow £ 268,0000.38 KM
320 London Road £ 625,0000.42 KM
253 London Road £ 367,5000.42 KM
324 London Road £ 450,0000.42 KM